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Property profile & analytics
OFF-MARKET
Estimated value
$3,555,000
Flex space
11791 Monarch St Garden Grove, CA 92841-1818
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0256007
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Total area
20,460 SF
Lot
1.02 ac (44,389 SF)
APN
131-331-32
UPID
US09-0256007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Stay Dry Roofing Company Roofing Company General Contractor
-
Three Dots Factory Textile Manufacturer
-
EverBrands Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.56M
Owner & transaction history
Wendy Chai · 12 yrs held
Wendy Chai
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garden Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden Grove submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,325,000
6.5%
$3,995,000
7%
$3,710,000
Blend value · Realmo final
$3.56M
Range $3.20M – $3.91M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$174 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$49,078
Tax year 2024
Assessed value
$3,798,971
Assessed 2024
Previous assessed
$3,798,971
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$2,644,019
Assessed improvement
$1,154,952
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
20,460 SF
Lot
1.02 ac (44,389 SF)
APN
131-331-32
UPID
US09-0256007
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Wendy Chai
Individual
Mailing address
1607 E MCFADDEN AVE STE C, SANTA ANA, CA 92705-4315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2017
—
Chai,wendy Trust
—
Deed
related
$1,385,223 · Cathay Bk
Jun 30, 2014
$3,161,000
Wendy Chai
David Nguyen
Grant Deed
$1,500,000 · Cathay Bank
Nov 24, 2008
—
Nguyen D & W Living 2008 Trust
Nguyen,david & Wendy
Quit Claim Deed
related
—
Sep 28, 2005
$2,796,500
David Nguyen
Tran,tran X
Grant Deed
$2,237,000 · Bank Of America
Sep 28, 2005
—
Mai X Tran
Vanhuynh,tuong
Grant Deed
related
—
Dec 17, 2002
—
M Tan
Tran
Grant Deed
related
—
Feb 14, 2001
$1,920,000
Tran,tai
Hirsch Trust
Trustees Deed
$768,000 · General Bank
Feb 14, 2001
—
Tran,tran
Goh,
Trustees Deed
related
—
Jun 22, 1995
$415,500
Gary Hirsch
Gray Enterprises
Grant Deed
related
$270,000 · Seller
Dec 29, 1994
—
Gray,ent
Gemin,
Quit Claim Deed
related
—
Aug 3, 1988
$279,000
Gemini Enterpris
Crosby & Overton
Grant Deed
related
—
—
—
Chai,wendy Trust
—
Loan Modification
related
$1,385,223 · Cathay Bk
—
—
Tai Tran
—
Deed Of Trust
related
$791,000 · Southland Economic Dev Corp
—
—
Gemini Enterprises
—
Deed Of Trust
related
$298,106 · Southern California Bank
—
—
Tai Tran
—
Deed Of Trust
related
$960,000 · General Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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